Q. Project Manage wanted to award some renovation contract to a preferred source, the contractor said the Total Cost of the contract $ 20000 . Cost of material and others is $16000 and the fees will be $4000.What type of Contract it is?

nazrulq wrote:Q. Project Manage wanted to award some renovation contract to a preferred source, the contractor said the Total Cost of the contract $ 20000 . Cost of material and others is $16000 and the fees will be $4000.What type of Contract it is?

for first instance i have also opted for cost +fixed fee...............but must agree with Manish because Cost reimbursement must be variable and must not mentioned as fixed . if cost is already fixed in the contract then there is no need of Cost reimbursement.